Karin Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Karin Technology Holdings has a total shareholder equity of HK$405.9M and total debt of HK$186.7M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are HK$1.2B and HK$805.7M respectively. Karin Technology Holdings's EBIT is HK$25.4M making its interest coverage ratio 2.3. It has cash and short-term investments of HK$115.1M.
Key information
46.0%
Debt to equity ratio
HK$186.68m
Debt
| Interest coverage ratio | 2.3x |
| Cash | HK$115.12m |
| Equity | HK$405.90m |
| Total liabilities | HK$805.66m |
| Total assets | HK$1.21b |
Recent financial health updates
Does Karin Technology Holdings (SGX:K29) Have A Healthy Balance Sheet?
Feb 28
Karin Technology Holdings (SGX:K29) Takes On Some Risk With Its Use Of Debt
Nov 07Karin Technology Holdings (SGX:K29) Seems To Be Using A Lot Of Debt
Mar 30Here's Why Karin Technology Holdings (SGX:K29) Has A Meaningful Debt Burden
Jun 03Is Karin Technology Holdings (SGX:K29) A Risky Investment?
Feb 11
Recent updates
Does Karin Technology Holdings (SGX:K29) Have A Healthy Balance Sheet?
Feb 28Sentiment Still Eluding Karin Technology Holdings Limited (SGX:K29)
Jan 26Karin Technology Holdings (SGX:K29) Takes On Some Risk With Its Use Of Debt
Nov 07Some Investors May Be Worried About Karin Technology Holdings' (SGX:K29) Returns On Capital
Sep 05Returns At Karin Technology Holdings (SGX:K29) Appear To Be Weighed Down
May 09Karin Technology Holdings (SGX:K29) Seems To Be Using A Lot Of Debt
Mar 30Returns On Capital At Karin Technology Holdings (SGX:K29) Paint A Concerning Picture
Dec 27Calculating The Fair Value Of Karin Technology Holdings Limited (SGX:K29)
Sep 07The Return Trends At Karin Technology Holdings (SGX:K29) Look Promising
May 06Estimating The Fair Value Of Karin Technology Holdings Limited (SGX:K29)
Mar 01Here's Why Karin Technology Holdings (SGX:K29) Has A Meaningful Debt Burden
Jun 03Zooming in on SGX:K29's 4.0% Dividend Yield
May 07Is Karin Technology Holdings (SGX:K29) Struggling?
Mar 04Is Karin Technology Holdings (SGX:K29) A Risky Investment?
Feb 11Is Karin Technology Holdings Limited (SGX:K29) A Strong Dividend Stock?
Jan 21Could Karin Technology Holdings Limited's (SGX:K29) Weak Financials Mean That The Market Could Correct Its Share Price?
Dec 17Financial Position Analysis
Short Term Liabilities: K29's short term assets (HK$1.1B) exceed its short term liabilities (HK$763.7M).
Long Term Liabilities: K29's short term assets (HK$1.1B) exceed its long term liabilities (HK$41.9M).
Debt to Equity History and Analysis
Debt Level: K29's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: K29's debt to equity ratio has reduced from 61.2% to 46% over the past 5 years.
Debt Coverage: K29's debt is well covered by operating cash flow (55.5%).
Interest Coverage: K29's interest payments on its debt are not well covered by EBIT (2.3x coverage).